• search

Lord Paul hails India as major IT power

Written by: Staff

Jalandhar, Feb 24 (UNI) Britain based business magnate Lord Swraj Paul today hailed India as a major IT power and said seven of the most important positions in IT and computerware sector, after Bill Gates, are held by people of Indian orgin.

Talking to reporters here today Lord Paul, who hails from Jalandhar, said India's most valued asset was its uncoming and educated youth power. He said more than 30 per cent of the key positions in the Silicon valley are also occupied by Indian people.

He said the country is required to pay more attention on strengthening of quality education infrastructure to cater to the increasing needs of the upcoming generation. He expressed dissatisfaction over the present budget allocation for education in the country.

He said the budgetary allocations for health and education should be increased appropriately. He also called upon NRIs to play their role in strengthening the educational system in this country.

The Caparo Group (UK) Chairman was in town to participate in the third annual convocation of the Dr B R Ambedkar Institute of Technology here today.

Later delivering his convocation address at another renue, Lord Paul said better educated India would be a leader in tomorrow's world and value of education is proving to be the greatest asset in India's endeavours, especially in the IT industry.

''Young Indians today have better role models and examples than many other nationalities,'' he added.

Some 25 million people of Indian origin live outside India and the total economic product of global NRI community was equal to the Gross Domestic Product of India every year,he said.


For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more